Blah Blah Blah.
These end-of-the-world economic stories have appeared for years and year and years on this site. Burry is a run-of-the-mill market timer who guessed (yes, guessed) right. And, of course, Hollywood loved him - and Baum - who blamed the reaction to the 2008 crash on people who hate “immigrants and poor people.”
Don’t fall for this nonsense. Look, I know we all hate Biden and want the U.S. economy to fail under his watch, but guess what? The U.S. economy and the ingenuity of American capitalists is too resilient to be brought down up one man.
Ramble off, but, stay invested (LONG TERM). Trust me, when Glen Beck was saying the stock market was going to zero in 2009 and urging all his retarded listeners to invest their last penny in MREs and underground bunkers, we were buying stock like crazy.
Mrs. Bania and I are retiring soon in our mid-40’s with a multi-million dollar primary residence in Michigan, rental properties in Chicago, a second home in the Hill Country of Texas and a vacation home in Cork County, Ireland by not listening to alarmist posts on the internet.
Please share the square footage of each property so we can properly admire your ostentatiousness.
I hear ya.
A lot of people around these parts are going to be disappointed when the stock market DOESN’T crash or the recession/depression DOESN’T materialize.
Bill Maher caught a lot of flack when he said he was rooting for a recession so that Trump will lose the election. That is just but one reason I am not buying his new turnaround. That said, are a lot of people (primarily the Only Trumpers) who feel the same way today with Biden in office.
I am in semi retirement now and will eventually have to live off my investment earnings and SS. While there is no way in hell I would ever vote democrat, I sure as hell ain’t rooting for an economic collapse. That would be flat out stoopid. Talk about cutting off your nose to spite your face.